SMIG vs. XMHQ
Compare and contrast key facts about Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Invesco S&P MidCap Quality ETF (XMHQ).
SMIG and XMHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMIG is an actively managed fund by Bahl & Gaynor. It was launched on Aug 25, 2021. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMIG or XMHQ.
Correlation
The correlation between SMIG and XMHQ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMIG vs. XMHQ - Performance Comparison
Key characteristics
SMIG:
1.63
XMHQ:
0.43
SMIG:
2.44
XMHQ:
0.74
SMIG:
1.29
XMHQ:
1.09
SMIG:
2.21
XMHQ:
0.76
SMIG:
6.38
XMHQ:
1.49
SMIG:
3.41%
XMHQ:
5.29%
SMIG:
13.30%
XMHQ:
18.06%
SMIG:
-19.65%
XMHQ:
-58.19%
SMIG:
-5.83%
XMHQ:
-7.72%
Returns By Period
In the year-to-date period, SMIG achieves a 2.89% return, which is significantly higher than XMHQ's 2.27% return.
SMIG
2.89%
-0.56%
7.66%
20.25%
N/A
N/A
XMHQ
2.27%
-1.57%
2.37%
7.38%
15.09%
11.29%
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SMIG vs. XMHQ - Expense Ratio Comparison
SMIG has a 0.60% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
SMIG vs. XMHQ — Risk-Adjusted Performance Rank
SMIG
XMHQ
SMIG vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and Invesco S&P MidCap Quality ETF (XMHQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SMIG vs. XMHQ - Dividend Comparison
SMIG's dividend yield for the trailing twelve months is around 1.70%, less than XMHQ's 5.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF | 1.70% | 1.75% | 1.91% | 2.01% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMHQ Invesco S&P MidCap Quality ETF | 5.08% | 5.20% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.64% | 1.34% | 1.25% |
Drawdowns
SMIG vs. XMHQ - Drawdown Comparison
The maximum SMIG drawdown since its inception was -19.65%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for SMIG and XMHQ. For additional features, visit the drawdowns tool.
Volatility
SMIG vs. XMHQ - Volatility Comparison
The current volatility for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is 3.36%, while Invesco S&P MidCap Quality ETF (XMHQ) has a volatility of 4.53%. This indicates that SMIG experiences smaller price fluctuations and is considered to be less risky than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.